International Advances in Economic Research articles from August 2007

International Advances in Economic Research archives from August 2007

Which elasticity? Estimating the responsiveness of taxpayer reporting decisions.(Report)
August 1, 2007... Abstract In this paper we present estimates of the responses of individuals to marginal tax rates in their reporting of income, using data from individual tax returns for the year 1995. One estimation method is ordinary least squares...

FDI effects on national competitiveness: a cluster approach.(foreign direct investment)
August 1, 2007... Abstract Despite the close relationship between the activities of multinational enterprises (MNEs) and the competitiveness of host countries, few studies have linked these two subjects from a global perspective. Combining Porter's approach and...

Dividend-driven trading strategies: evidence from the Warsaw Stock Exchange.(Report)
August 1, 2007... Abstract This study presents an analysis of dividend-driven trading strategies based on dividend yield growth effects in the Polish stock market in the years 1994-2004. Results indicate that the dividend yield growth portfolios were capable of...

Multiclass corporate failure prediction by Adaboost.M1.
August 1, 2007... Abstract Predicting corporate failure is an important management science problem. This is a typical classification question where the objective is to determine which indicators are involved in the failure or success of a corporation. Despite...

Intra-industry trade: a static and dynamic panel data analysis.(Report)
August 1, 2007... Abstract This study examines the features and determinants of intra-industry trade (IIT), horizontal IIT (HIIT) and vertical IIT (VIIT) between Portugal and the European Union in the period 1996-2002, using a static and a dynamic panel data...

Cyclical asymmetries in unemployment rates: international evidence.
August 1, 2007... Abstract This paper investigates to what extent the observed nonlinearities in the unemployment rates of six major developed economies are the response to cyclical asymmetries. Two classes of models are compared: strict smooth transition...

Aging: some pleasant fiscal arithmetic.
August 1, 2007... Abstract Projections of age-related public expenditure growth have raised widespread concerns about fiscal sustainability. This paper examines how total expenditure would develop under four policy rules on public expenditure growth. Some simple...

Socio-economic gaps within the EU: a comparison.(European Union)
August 1, 2007... Abstract This research investigates socio-economic gaps between countries of the European Union (EU). The countries, for comparison purposes, are grouped into five sets to find out if the different groupings differ in means and variances. The...

The importance of corporate social responsibility and its limits.(Report)
August 1, 2007... Abstract Companies are, in a broad sense, a group of different agents that have a relationship with shareholders, citizens, providers, and customers. In other words, they are known as stakeholders. Corporate social responsibility may help to...

The exchange of control and the price of personal freedom.(RESEARCH NOTE)
August 1, 2007... JEL D01 * D11 ********** Traditional utility theory is used to analyze the choice between two "goods," money and the personal freedom to control one's own life. This theoretical model is extremely useful for understanding human...

The dynamics of FDI relocation of production.(RESEARCH NOTE)(foreign direct investments)
August 1, 2007... JEL D80 * E62 * F20 ********** This paper shows that a home country tax rate deduction increases the volatility of the expected profits, making offshoring appear to be more risky. One policy implication of our results is that, in order...

On skill heterogeneity, human capital, and inflation.(RESEARCH NOTE)
August 1, 2007... JEL E50 ********** This paper explores the link between heterogeneity and inflation, focusing on the heterogeneity in skill associated with structural features of the economy. In studying the impact of agents' heterogeneity on the...

Examining the stock market response: a comparison of male and female CEOs.(RESEARCH NOTES)(chief executive officers)
August 1, 2007... JEL G34 * G14 * G30 ********** This study investigates the stock market reaction to the appointment of female CEOs. The sample covers female CEOs of Russell 3000 companies at the year end 2003 (n=50). For benchmarking the evidence...

Firm liquidity and investment under uncertainty.(RESEARCH NOTE)
August 1, 2007... JEL G30 ********** The assumption of perfect capital markets ensures that firms have access to an unlimited supply of funds at a constant cost of capital. Firm investment, in turn, depends wholly on the expected profitability of the...

Government efficiency and economic growth.(RESEARCH NOTE)
August 1, 2007... JEL O10 ********** Most economists argue that malfunctioning government institutions constitute a severe obstacle to investment, entrepreneurship, and innovation. Cumbersome and dishonest bureaucracies may delay the distribution of...

Analyzing unit pricing of waste management using treatment effects models.(RESEARCH NOTES)
August 1, 2007... JEL Q00 * R10 ********** Many municipalities across the US have turned to unit pricing (also known as pay as you throw or pay by the bag) as a vehicle for reducing production of municipal solid waste, increasing recycling, and...